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For SaleTriplexActive

37701 Camphor Drive

Dade City, FL 33525

$850,000

75 Days On Site

  • 12Beds
  • 6Baths
  • 5,000Sq Ft
  • $170Per Sq Ft
  • 1.53Acres
  • 1973Built
Subdivision
Mills Estate
County
Pasco
MLS®
TB8541784

Overview

SIX UNITS!!!! Located just a short walk from the heart of historic Downtown Dade City, this well-maintained multifamily investment presents a rare opportunity to acquire a six-unit apartment community in one of Pasco County's most desirable and supply-constrained rental markets. The property consists of two triplex buildings, each thoughtfully designed with spacious two-bedroom, one-bathroom residences that appeal to a broad tenant base.

The community offers an attractive residential environment featuring a park-like setting enhanced by towering, mature oak trees, established landscaping, inviting courtyards, and private front porches that create a neighborhood feel seldom found in today's apartment developments. A private street provides convenient access while enhancing the property's quiet, secluded atmosphere.

Each apartment is individually metered for electricity and features central heating and air conditioning, generously sized bedrooms, functional floor plans, and abundant natural light. An on-site laundry facility provides an additional convenience for residents while minimizing owner maintenance responsibilities. From an investment perspective, the property offers a compelling value-add opportunity. Current rental rates are below prevailing market levels, providing investors the ability to increase cash flow through strategic rent adjustments while benefiting from the property's desirable location and strong rental demand.

Positioned within walking distance of Downtown Dade City's restaurants, shops, parks, and community events, and offering convenient access to major transportation corridors throughout Pasco County, this property combines stable in-place income with meaningful upside potential. Opportunities to acquire boutique multifamily assets of this quality and character in Downtown Dade City remain exceptionally limited, making this an attractive investment for both private investors and long-term multifamily owners.

Listing Snapshot

Price
$850,000
Days On Site
75 Days
Bedrooms
12
Inside Area (SqFt)
5,000 sqft
Total Baths
6
Full Baths
N/A
Partial Baths
0
Lot Size
1.53 Acres
Year Built
1973
MLS® Number
TB8541784
Status
Active
Property Tax
$9,111.82 (2025)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records

Property Details

General Features

7 items
Acres
1.53
Foundation
Slab
Property Sub Type
Triplex
Sewer
Septic Tank
Utilities
Cable Available, Cable Connected, Electricity Connected, Water Connected
Water Source
Public
Zoning
R3

Interior Features

3 items
Cooling
Central Air
Heating
Central
Laundry Features
Common Area

Exterior Features

3 items
Construction Details
Block
Exterior
Courtyard
Roof
Shingle

Community Features

4 items
MLS Area
33525 - Dade City/Richland
Township
24S
Financing Terms Available
Cash, Conventional
Roads
Asphalt

Location

37701 Camphor Drive, Dade City, FL 33525 · 33525 - Dade City/Richland

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Neighborhood & Commute

ZIP Code 33525

Median household income
$65,668
Income per person
$34,793
Households
9,589
Average household size
2.36
Median age
42.5

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Price changed to $850,000
  3. Listing first seen on site
  4. Status changed to Active

Friends & Family

Listing courtesy of BINGHAM REALTY INC (813) 713-3974

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-08 12:03 AM EST

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